§ 55.1-2521 Holder of tangible or intangible personal property may voluntarily report such property
Any holder of tangible or intangible personal property the owner of which is unlocatable may voluntarily report the property to the administrator, prior to the statutory due dates, whereupon the property shall be presumed abandoned under this chapter.
History
This law was first created in 1981. The record of its establishment is cataloged in chapter 47 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1981 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1983, chapter 190; in 2019, chapter 712.
1981, c. 47, § 55-210.10:2; 1983, c. 190; 2019, c. 712.